Strategic service providers say the AWS outage is a case study in why customers need to look closely at the security and cost benefits of private cloud as they build out their cloud computing IT strategies.

"Cloud Connect 2.0" as described by Veeam President and COO Peter McKay, will include a large financial commitment of $200M to urge partners to move towards more progressive, recurring revenue business models.

AST CEO Pravin Kumar said the deal sets the stage for the 21-year-old company with some of the best and brightest cloud talent in the business to become the largest pure play Oracle cloud infrastructure systems integrator in the world.

HPE is boosting its Flexible Capacity services program with the acquisition of Cloud Cruiser, a cloud consumption and metering company in which it has already made a significant investment in as a customer.

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The security industry saw more threats and funding opportunities in 2017, with massive data breaches and ransomware attacks crippling major institutions, and vendors tapping into the deep pockets of private equity and IPOs.